Highland Income Fund (NYSE: HFRO) confirmed the regular monthly distribution on its common stock of $0.0770 per share. The distribution will be scheduled to pay on February 28, 2022, to shareholders of record at the close of business on February 18, 2022. The Highland Income Fund has earned recognition as a closed-end fund controlled by Highland Capital Management Fund Advisors, L.P.
The Fund's investment aim is to deliver a high level of current income while maintaining capital preservation in a registered fund framework. The Fund announces and distributes investment income on a monthly basis. Furthermore, the Fund will seek its investment goals by mainly engaging in the securities and instruments listed below:
- Floating-rate loans and other instruments that are classified as floating-rate investments
- Securities or other instruments that are directly or indirectly backed by real estate. Real estate investment trusts (REITs), preferred equity, securities convertible into equity securities, and mezzanine loans are all examples of this type of investment.
- Other instruments include secured and unsecured fixed-rate loans and corporate bonds, distressed securities, mezzanine securities, structured products such as mortgage-backed securities, collateralized loan obligations, and asset-backed securities, convertible and preferred securities, public and private equities, and futures and options, among others.